PepsiCo shares are trading higher after the company reported better-than-expected Q3 earnings and raised FY23 adjusted EPS outlook.
Portfolio Pulse from Benzinga Newsdesk
PepsiCo reported better-than-expected Q3 earnings and raised its FY23 adjusted EPS outlook, leading to a rise in its share prices.
October 10, 2023 | 10:07 am
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PepsiCo's better-than-expected Q3 earnings and raised FY23 EPS outlook have led to a rise in its share prices.
PepsiCo's Q3 earnings exceeded expectations, which is a positive signal for investors. Additionally, the company raised its FY23 EPS outlook, indicating confidence in future performance. These factors have led to a rise in PepsiCo's share prices.
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IMPORTANCE 80
RELEVANCE 100